Major macroeconomic variables of us economy


Using the Keynesian Cross model diagram and equation (Y= C+I+G+X-M), critically and briefly illustrate the short run and long run economic impact of 2005 National Highway and Mass Transit Bill of $300 billion to be spent over the next five years. The impact will be in terms of major macroeconomic variables of US economy.

Solution Preview :

Prepared by a verified Expert
Macroeconomics: Major macroeconomic variables of us economy
Reference No:- TGS01744310

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)